Sentences with phrase «large lump sum premium»

Not exact matches

Converting a typical U.S. monthly rate to a lump - sum premium using the rate schedule of PMI Group, the second - largest mortgage insurance firm in the U.S., an American customer with a fixed - rate 25 - year mortgage can expect to pay 1.15 % of the loan value to insure a mortgage with 10 % down.

For a small / regular premium, people could assure themselves of an increasingly valuable financial asset which transforms into a large lump - sum payment upon death.

Insurance companies allow you to pay a small monthly premium that will pay out a large lump sum to your family when you die.

In life insurance policy one need pay premiums every year which in return is paid back in large lump - sum amount in case of demise of the insured person.

One popular life insurance policy that offers return of premium is the Lincoln Moneyguard, but it's a SINGLE PREMIUM policy, meaning you have to pay in one large lupremium is the Lincoln Moneyguard, but it's a SINGLE PREMIUM policy, meaning you have to pay in one large luPREMIUM policy, meaning you have to pay in one large lump sum.

Depending on the policy, you pay one lump - sum premium or a few large annual premiums — typically for fewer than 10 years, according to LIMRA, an industry research and consulting group.

Premiums for single premium variable life insurance polices are typically very large, since they have to be paid in a single lump sum.

By paying the full policy premium at one time, the insurance company will skip your credit score check and give you a large discount for the lump - sum payment at the same time.